Retail industry

NMT fundraising boosts hopes for ailing biotechs

Article Abstract:

There will be great interest in the results of moves by NMT, which has developed and started to commercialize a retractable syringe, to raise 15.8 million pounds sterling from the placement of new shares. The success of this initiative will be viewed as an indication of the level of investor interest in biotechnology and healthcare ventures.

Gambler with a cautious streak

Article Abstract:

Spread-betting firm IG Index Chmn and Chief Executive Stuart Wheeler indicates that his company's clients come from many different backgrounds. He believes that it is important to be cautious about expanding through acquisition.

Fink serves Man with a different cup of coffee

Article Abstract:

Equity sharing is a key element in business success, according to fund management concern Man Group Chief Executive Stanley Fink. He indicates that there has been very strong interest in hedge funds over recent months.